Market Overview:
The global PTA market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyester and other applications across the globe. In terms of volume, Asia Pacific is expected to lead the global PTA market during the forecast period.
 Industry Outlook.svg)
Product Definition:
PTA (Pure Terephthalic Acid) is a white, odorless solid that is used to make polyethylene terephthalate (PET). PET is a plastic that can be used to make bottles and other containers.
Amoco Process:
The amoco process is a continuous hydration reaction between phosgene and crude oil. It was developed by the American Oil Company in 1931, for the production of terephthalic acid (PTA) from crude oil. The process is named after its major components Ammonium Chloride (NH4Cl) and Phosphorous Dichloride (PCI).
Cooxidation:
Cooxidation is a chemical reaction between metal oxide and hydrogen peroxide. The process involves the oxidation of one molecule of water to produce two molecules of hydroxide (H2O2). Cooxidation is used in the production of PTA, which has applications as adhesives, sealants, and coatings.
The global PTA market size was valued at USD 2.5 billion in 2016.
Application Insights:
Polyester production was the largest application segment in 2016, accounting for over 50% of the global market. The product is used as a chain-growth polymer in polyester manufacturing and its demand is projected to increase on account of its increasing use as an engineering thermoplastic for industrial applications.
The liquid crystal polymer (LCP) segment emerged as another lucrative application area and accounted for over 15% of the total revenue share in 2016. LCPs are used to manufacture flexible displays, digital signage systems, architectural windows & doors, automotive interior & exterior components including headlamps, tailgates & roof liners among others. Increasing use of LCPs owing to their superior properties such as clarity and low energy consumption is expected to drive growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for global PTA and accounted for over 45% of the total revenue in 2016. China is one of the major producers of pTA with India being a significant importer due to low production capacity in China coupled with increasing domestic demand for textile products.
Europe emerged as a prominent regional market accounting for 21% of total industry volume share in 2016 on account rising environmental concerns among consumers regarding chemical manufacturing processes along with stringent regulations by REACH (Registration, Evaluation, Authorization) bodies pertaining to quality & safety standards associated with chemicals used across various industries are anticipated to drive industry growth over next eight years.
Growth Factors:
- Increasing demand from the polyester fiber and plastics industries as a result of rising population and income levels in developing countries.
- Growing use of terephthalic acid in the production of bio-based plastics, which are biodegradable and have low environmental impact.
- Rising demand for lightweight vehicles due to stringent fuel economy norms, which is boosting the use of polyester fibers in automotive applications.
- Increasing application scope of terephthalic acid in pharmaceuticals and cosmetics industries on account of its properties such as purity, solubility, and stability.
Scope Of The Report
Report Attributes
Report Details
Report Title
PTA (Pure Terephthalic Acid) Market Research Report
By Type
Amoco Process, Cooxidation, Multistage Oxidation, Henkel Process
By Application
Polyester Production, Cyclohexanedimethanol Production, Plasticisers, Liquid Crystal Polymers, Textiles, Bottling and Packaging
By Companies
BP, Pentair, Mitsui, Eastman, DowDuPont, RIL, Petkim, Mitsubishi, Indian Oil, SABIC, Alpek, JBF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global PTA (Pure Terephthalic Acid) Market Report Segments:
The global PTA (Pure Terephthalic Acid) market is segmented on the basis of:
Types
Amoco Process, Cooxidation, Multistage Oxidation, Henkel Process
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polyester Production, Cyclohexanedimethanol Production, Plasticisers, Liquid Crystal Polymers, Textiles, Bottling and Packaging
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BP
- Pentair
- Mitsui
- Eastman
- DowDuPont
- RIL
- Petkim
- Mitsubishi
- Indian Oil
- SABIC
- Alpek
- JBF
 Market Overview.svg)
Highlights of The PTA (Pure Terephthalic Acid) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Amoco Process
- Cooxidation
- Multistage Oxidation
- Henkel Process
- By Application:
- Polyester Production
- Cyclohexanedimethanol Production
- Plasticisers
- Liquid Crystal Polymers
- Textiles
- Bottling and Packaging
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PTA (Pure Terephthalic Acid) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PTA is a type of acid found in natural substances, such as turpentine and oil. It is also produced by the chemical industry. PTA has a high purity and can be used to make various products, including plastics and paints.
Some of the key players operating in the pta (pure terephthalic acid) market are BP, Pentair, Mitsui, Eastman, DowDuPont, RIL, Petkim, Mitsubishi, Indian Oil, SABIC, Alpek, JBF.
The pta (pure terephthalic acid) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PTA (Pure Terephthalic Acid) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PTA (Pure Terephthalic Acid) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PTA (Pure Terephthalic Acid) Market - Supply Chain
4.5. Global PTA (Pure Terephthalic Acid) Market Forecast
4.5.1. PTA (Pure Terephthalic Acid) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PTA (Pure Terephthalic Acid) Market Size (000 Units) and Y-o-Y Growth
4.5.3. PTA (Pure Terephthalic Acid) Market Absolute $ Opportunity
5. Global PTA (Pure Terephthalic Acid) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Type
5.3.1. Amoco Process
5.3.2. Cooxidation
5.3.3. Multistage Oxidation
5.3.4. Henkel Process
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PTA (Pure Terephthalic Acid) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
6.3.1. Polyester Production
6.3.2. Cyclohexanedimethanol Production
6.3.3. Plasticisers
6.3.4. Liquid Crystal Polymers
6.3.5. Textiles
6.3.6. Bottling and Packaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PTA (Pure Terephthalic Acid) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PTA (Pure Terephthalic Acid) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PTA (Pure Terephthalic Acid) Demand Share Forecast, 2019-2026
9. North America PTA (Pure Terephthalic Acid) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
9.4.1. Polyester Production
9.4.2. Cyclohexanedimethanol Production
9.4.3. Plasticisers
9.4.4. Liquid Crystal Polymers
9.4.5. Textiles
9.4.6. Bottling and Packaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Type
9.7.1. Amoco Process
9.7.2. Cooxidation
9.7.3. Multistage Oxidation
9.7.4. Henkel Process
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PTA (Pure Terephthalic Acid) Demand Share Forecast, 2019-2026
10. Latin America PTA (Pure Terephthalic Acid) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
10.4.1. Polyester Production
10.4.2. Cyclohexanedimethanol Production
10.4.3. Plasticisers
10.4.4. Liquid Crystal Polymers
10.4.5. Textiles
10.4.6. Bottling and Packaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Type
10.7.1. Amoco Process
10.7.2. Cooxidation
10.7.3. Multistage Oxidation
10.7.4. Henkel Process
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PTA (Pure Terephthalic Acid) Demand Share Forecast, 2019-2026
11. Europe PTA (Pure Terephthalic Acid) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
11.4.1. Polyester Production
11.4.2. Cyclohexanedimethanol Production
11.4.3. Plasticisers
11.4.4. Liquid Crystal Polymers
11.4.5. Textiles
11.4.6. Bottling and Packaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PTA (Pure erephthalic Acid) Market Size and Volume Forecast by Type
11.7.1. Amoco Process
11.7.2. Cooxidation
11.7.3. Multistage Oxidation
11.7.4. Henkel Process
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PTA (Pure Terephthalic Acid) Demand Share, 2019-2026
12. Asia Pacific PTA (Pure Terephthalic Acid) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
12.4.1. Polyester Production
12.4.2. Cyclohexanedimethanol Production
12.4.3. Plasticisers
12.4.4. Liquid Crystal Polymers
12.4.5. Textiles
12.4.6. Bottling and Packaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Type
12.7.1. Amoco Process
12.7.2. Cooxidation
12.7.3. Multistage Oxidation
12.7.4. Henkel Process
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PTA (Pure Terephthalic Acid) Demand Share, 2019-2026
13. Middle East & Africa PTA (Pure Terephthalic Acid) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Application
13.4.1. Polyester Production
13.4.2. Cyclohexanedimethanol Production
13.4.3. Plasticisers
13.4.4. Liquid Crystal Polymers
13.4.5. Textiles
13.4.6. Bottling and Packaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PTA (Pure Terephthalic Acid) Market Size and Volume Forecast by Type
13.7.1. Amoco Process
13.7.2. Cooxidation
13.7.3. Multistage Oxidation
13.7.4. Henkel Process
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PTA (Pure Terephthalic Acid) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PTA (Pure Terephthalic Acid) Market: Market Share Analysis
14.2. PTA (Pure Terephthalic Acid) Distributors and Customers
14.3. PTA (Pure Terephthalic Acid) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pentair
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsui
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eastman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DowDuPont
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RIL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Petkim
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitsubishi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Indian Oil
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SABIC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alpek
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JBF
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
